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Some questions about hedging in tournaments

Posted By: Chuck Bower
Date: Sunday, 1 March 2009, at 5:23 p.m.

In Response To: Some questions about hedging in tournaments (Stick)

8. Must the winner pay the loser at the end of the match? Or is it standard to wait for payment until the end of the tournament when prizes are awarded? (I heard about a tournament in Europe where the prize money was robbed before players were paid.)

It depends. If they have the money they likely pay them on the spot, if not, they can wait, it's no big deal.

I think it is preferred to tell your hedging opponent if you will need to wait until prize distribution before settling the hedge. There is obviously no hard rule on this, just a courtesy which I've seen exercised.

As far as waiting because of larceny (as did happen at one of the Easter weekend Danish Wide Opens), probably not a big motivating factor. BTW, from what I heard the Ty promoters sued the hotel (who was "protectinging" the cash in their safe deposit box when it disappeared) and won, but it took a couple years. I'm pretty sure the prize money was then distributed in full, without interest (to my knowledge). Individuals who had also put $ in safety deposit boxes at the hotel were still left in the cold as the lawsuit was only Ty promoters vs. hotel.

Messages In This Thread

• Some questions about hedging in tournaments
  Marv Porten -- Thursday, 26 February 2009, at 12:32 a.m.
  • Some questions about hedging in tournaments
    Stick -- Thursday, 26 February 2009, at 12:45 a.m.
    • Some questions about hedging in tournaments
      Bill Riles -- Thursday, 26 February 2009, at 12:54 a.m.
    • Some questions about hedging in tournaments
      jdg -- Thursday, 26 February 2009, at 3:14 p.m.
      • Some questions about hedging in tournaments
        David Rockwell -- Thursday, 26 February 2009, at 4:02 p.m.
        • Some questions about hedging in tournaments
          Gregg Cattanach -- Thursday, 26 February 2009, at 6:24 p.m.
          • Some questions about hedging in tournaments
            garyo -- Friday, 27 February 2009, at 6:49 a.m.
            • Some questions about hedging in tournaments
              Gregg Cattanach -- Friday, 27 February 2009, at 2:09 p.m.
      • Some questions about hedging in tournaments
        neilkaz -- Thursday, 26 February 2009, at 5:38 p.m.
      • Some questions about hedging in tournaments
        Sam Pottle -- Thursday, 26 February 2009, at 6:22 p.m.
        • Some questions about hedging in tournaments
          neilkaz -- Thursday, 26 February 2009, at 8:50 p.m.
          • Some questions about hedging in tournaments
            Rich Munitz -- Friday, 27 February 2009, at 12:40 a.m.
            • Some questions about hedging in tournaments
              Tad Bright -- Friday, 27 February 2009, at 1:00 a.m.
    • Some questions about hedging in tournaments
      Chuck Bower -- Sunday, 1 March 2009, at 5:23 p.m.
  • Some questions about hedging in tournaments
    Bob Koca -- Thursday, 26 February 2009, at 2:13 a.m.
    • Some questions about hedging in tournaments
      Chiva Tafazzoli -- Thursday, 26 February 2009, at 4:49 a.m.
      • Some questions about hedging in tournaments
        Jason Lee -- Thursday, 26 February 2009, at 6:11 a.m.
        • Some questions about hedging in tournaments
          neilkaz -- Thursday, 26 February 2009, at 5:40 p.m.
          • Some questions about hedging in tournaments
            Jason Lee -- Thursday, 26 February 2009, at 8:23 p.m.
  • Some questions about hedging in tournaments
    David Rockwell -- Thursday, 26 February 2009, at 2:32 a.m.
    • Some questions about hedging in tournaments
      Rich Munitz -- Thursday, 26 February 2009, at 3:25 a.m.
      • Some questions about hedging in tournaments
        Bob Koca -- Thursday, 26 February 2009, at 3:42 a.m.
        • Some questions about hedging in tournaments
          Rich Munitz -- Thursday, 26 February 2009, at 4:01 a.m.
      • Some questions about hedging in tournaments
        David Rockwell -- Thursday, 26 February 2009, at 3:43 a.m.
        • Some questions about hedging in tournaments
          Bob Koca -- Thursday, 26 February 2009, at 3:48 a.m.
        • Some questions about hedging in tournaments
          Matt Cohn-Geier -- Thursday, 26 February 2009, at 3:59 a.m.
        • Some questions about hedging in tournaments
          Coolrey -- Thursday, 26 February 2009, at 12:47 p.m.
  • Some questions about hedging in tournaments
    Coolrey -- Thursday, 26 February 2009, at 12:41 p.m.
  • Thanks everybody -- excellent information! *NM*
    Marv Porten -- Thursday, 26 February 2009, at 7:37 p.m.